The government takes control

America has survived many other economical depressions with our spirit and innovation, why is this one so different?, During every other depression our country has always forged ahead with innovation and advances in technology, America has always come out of a depression stronger, wiser and better prepared for the future not because during the depression we funneled more and more tax payer dollars into the very businesses and industries that sent us into the depression in the first place.

Our exit from any economical down time was due to new innovations, new industries, new ideas. So why are we funneling so much money into the very industries that have caused this depression?
I understand the need to save the jobs that these industries have produced millions of Americans rely on them to support their families. However many of these companies were founded during depression eras. When they were founded they were a contributing reason that America was able to grow, prosper and eventually escape the depression of that time period. Some of these companies may never have been started. If during other depressions the government focused all of their time and resources on saving the very companies that helped to bring about the depression in the first place. Historical fact during any depression it is and was never just a few random companies that caused the depression, Looking back in the times of our depressions the leading cause of the depression was a complete failure of industries. Today it’s the Automotive industry, the banking industry and the insurance industry. Every company in those industries is in jeopardy of bankruptcy, they are all laying off hundreds of thousands of workers thus having a direct effect on the current depression.

History is our greatest teacher, It is a road map to what went wrong and how it was corrected. We can not expect to emerge from the current depression stronger in the future if we are concentrating a very large amount of our resources to help prop up the very companies that contributed to the current depression. At some point we must ask the question, “what will stop these companies from going bankrupt as soon as the funds we have already gave them dissipate” ? One has to wonder if for all of the trillions of dollars our government is handing out, are we just delaying the inevitable? These companies are going bankrupt for a reason, they failed so why should we believe that they can or will save us from this depression. I for one feel we should focus a lot more of our time and resources on industries that will have a longer shelf life, ones that will become the next generation of the countries foundation and back bone. Our history teaches us that for every generation there has always been a small number of industries that have shaped and defined our country. None of those have spanned through the decades this teaches us that we can not rely on any one industry or any group of industries to carry our country into the future.
There have been a few industries that have and continue to be one of the building blocks of our country, there have also been some companies that have managed to survive and thrive over the decades. Each of these companies and the industries they represent have only been able to do this through innovation and by adapting and changing to fit the times. These companies have had too change their culture and the way they do business from the foundation up, the ones who continue to operate the same way they did twenty years ago, or have changed their business practices only slightly are the ones who share in the blame for the recession of their time. For our government to expand to much time and money to prop up these industries does not seem like the right way to go when looking at the future of the country. Why try to keep the very industries that have shown they can not support the economy over the long haul? Would it not be prudent to spend more on industries that we want to shape the country over the long haul?